VERMONT CENTER FOR EMERGING TECHNOLOGIES INC

VCET HAS WORKED WITH OVER 3,700 START-UPS, ENTREPRENEURS AND STUDENTS AND OPERATES A COWORKING FACILITY SERVING OVER 250 MEMBERS ANNUALLY. VCET CURATES AN EXPERT MENTOR NETWORK, PROVIDES FREE EXPERT ADVICE TO 377 CLIENTS A YEAR AND MAKES DIRECT INVESTMENTS FROM TWO EVERGREEN VENTURE CAPITAL FUNDS. VCET WORKS DIRECTLY WITH AND SUPPORTS ENTREPRENEURS TO FORM, INCUBATE AND ACCELERATE IDEAS AND INNOVATIONS INTO COMMERCIAL ENTERPRISES. IN 2013, VCET WAS NAMED 11 GLOBALLY AND 5 IN THE US BY THE UBI INDEX. IN 2018, VCET RECEIVED A RURAL IMPACT AWARD BY THE INBIA GLOBAL TRADE ASSOCIATION. IN 2024, VCET WAS AWARDED AS AN INC POWER PARTNER. VISIT AT WWW.VCET.CO AND FOLLOW @VCET ON TWITTER. SERVICES INCLUDE: -PROVIDING COACHING AND MENTORING FROM BOTH ON-SITE AND AFFILIATED EXPERTS AT NO CHARGE TO CLIENTS. -ESTABLISHING CONNECTIONS TO ANGEL INVESTORS, FOUNDATIONS, ECONOMIC DEVELOPMENT ORGANIZATIONS AND VENTURE CAPITAL RESOURCES FOR CAPITAL FORMATION AND SYNDICATES. -ASSISTING WITH GRANTS AND LOANS FROM LOCAL, STATE, AND FEDERAL SOURCES, INCLUDING PROVIDING FEDERAL SBIR APPLICATION AID AND SUPPORT. -OFFERING A NETWORK OF MANAGERIAL, FINANCING AND PROFESSIONAL RESOURCES -BUSINESS ADVISORY, CONSULTING AND COACHING TO HELP COMPANIES BUILD TEAMS, FIND EARLY CUSTOMERS, ACCESS PROTOTYPING FACILITIES AND IDENTIFY ACCESS TO KEY BUSINESS AND FOUNDER SUPPORT RESOURCES -OPERATION OF A COWORKING / ACCELERATOR AND INCUBATION FACILITY SERVING OVER 230 MEMBERS AND THE BROADER VERMONT INNOVATION ECOSYSTEM. -ACCOUNTABILITY AND ENCOURAGEMENT -ENTREPRENEURIAL START-UP ASSISTANCE TO APPROXIMATELY 377 START-UPS, STUDENTS AND ENTREPRENEURS IN FY24. -SEED CAPITAL FUND MANAGEMENT, OPERATION, COMPLIANCE AND PERFORMANCE THAT SUPPORTS ENTREPRENEURS IN CAPITAL FORMATION, OPERATIONAL EXECUTION AND JOB EXPANSION. THE CURRENT VERMONT SEED CAPITAL FUND, LP (FUND 1) HAS NOW BACKED 35 COMPANIES, AND THE NEW VERMONT GROWTH FUND 2, LLC (FUND 2) LAUNCHED AND HAS MADE ONE INVESTMENT THUS FAR. -THE VCET PLATFORM PRODUCES AND CURATES WIDELY ACCESSIBLE PROGRAMS AND SUPPORT RESOURCES SUCH AS: FIRST CHAIR NEWSLETTER,START HERE PODCAST SERIES, THE FEMALE FOUNDER SERIES, STARTUP PERKS PROGRAM AND MEETUPS. -PERFORM AND SUPPORT SPECIAL COMMUNITY EVENTS SUCH AS TECHJAM, UVM SPARK, UVM ARC, MIDDLEBURY INNOVATION HUB, INNOVATION WEEK, DELTACLIMEVT CLIMATE ACCELERATOR, THE MEYERS CUP, AND DOZENS OF RECURRING MEETUPS, TRAININGS AND PROFESSIONAL ENRICHMENT EVENTS. -THE FY24 VCET PORTFOLIO IMPACT SURVEY HAD 21 COMPANIES REPORT GENERATING FOR THE PRIOR 12 MONTHS: 153 MILLION IN REVENUE, 75 MILLION IN PAYROLL ACROSS 693 JOBS, AND 77 MILLION IN CAPITAL RAISED.